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Two-time World Cup winner Ronaldo Nazário agreed to sell his stake in embattled Brazilian soccer club Cruzeiro on Monday. And he plans to do the same at Spain's second division club Real Valladolid, which he has controlled since 2018. Ronaldo Nazário bought the indebted Cruzeiro's soccer department in 2021 for about $78 million and is reportedly selling it for almost $117 million. The Brazil great started his career at the Belo Horizonte-based club, but as an owner he has been accused by supporters of failing to invest as much as promised, The AP reported.

Monday Edition of the Daily Merengue

Vasco and 777 Partners close an agreement for the sale of 70% of SAF for R$700 million. If approved, the deal will be the biggest in the history of Brazilian football.